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HSBC and BNP Paribas Join Privacy-Focused Blockchain Canton Network
Summary: According to reports, HSBC and BNP Paribas have announced their participation in the Canton Network, a permissioned, privacy-focused blockchain platform popular among banks and large financial institutions. Earlier in March, Goldman Sachs and Moody's had also joined. The Canton Network currently operates on a permissioned blockchain and features a 'Global Synchronizer' that allows for transactions ...
According to reports, HSBC and BNP Paribas have announced their participation in the Canton Network, a permissioned, privacy-focused blockchain platform popular among banks and large financial institutions. Earlier in March, Goldman Sachs and Moody's had also joined. The Canton Network currently operates on a permissioned blockchain and features a 'Global Synchronizer' that allows for transactions and settlements across different networks without compromising data control. (CoinDesk)